EU wheat exports in 2021-2022 season that ended on June 30, went up by 6.8% to 27.47 million tons from 25.71 million tons in 2020/2021 season, according to data released by the European Commission, Reuters informs. EC figures show that France was the largest wheat exporter in EU with 8.276 million tons exported in 2021/2022, followed by Romania with 6.388 million tons. EC data also show that EU corn exports have almost doubled to 5.994 million tons in 2021/2022, from 2.833 million tons exported in the previous season. For this chapter Romania is the undeniable EU leader , exporting 4.298 million tons of corn, that is over 71% of the total of 5.994 million tons of corn exported by the community block in the season that just ended. Corn is a product for which EU is a net importer, especially for feeding animals. EU corn imports in 2021/2022 amounted to 16.37 million tons, on the rise by 7.6% from 15.22 million tons in the previous season. Half of the corn imported by EU in 2021/2022 came from Ukraine. In exchange, EU barley exports dropped by 6.1% in 2021/2022, to 6.97 million tons from 7.42 million tons in 2020/2021. In this case, Romania was the second largest barley exporter with 1.735 million tons, surpassed by France with 3.314 million tons of barley exported in 2021/2022. EC points out that data are based on customs figures supplied by the 27 EU member states and may be reviewed in the following weeks.
President Nicuşor Dan said on June 25, asked about the freezing of pensions and public salaries next year, that this is in the ruling strategy of the government already endorsed by the lawmakers hence, so this might be observed. "Let's start sticking to the things announced in advance," said president Dan, as quoted by
The Netherlands will transfer 18 F-16 fighter jets to Romania by the end of 2025 for the symbolic sum of EUR 1, defense minister Ionuț Moșteanu announced on June 25 during a press conference in The Hague alongside president Nicușor Dan, following the conclusion of the NATO summit, according to
The European Commission imposed "firm and rigorous conditions" for the investments funded under the National Recovery and Resilience Plan (PNRR), and this resulted in an estimated risk of losing EUR 7.8 billion (27%) out of a total envelope of EUR 28.5 billion, former minister of investments and European projects Marcel Boloş announced on his Facebook […]
Romanian companies tend increasingly to borrow from parent foreign groups rather than going to local banks, according to data from the National Bank of Romania (BNR) cited by Cursdeguvernare.ro. The share of such intra-group foreign loans increased to 44% in 2024...
The financial investors who took over the Romanian retailer with a rapid expansion, La Cocos, are selling their 70% stake to Schwarz Group – the market leader that operates the Lidl and Kaufland chains. The founder of the chain expects the German group to preserve the Romanian retailer's identity and develop it along Lidl and […]
Romanian prime minister Ilie Bolojan met on June 25 with representatives of the international credit rating agency Fitch Ratings ahead of the agency’s upcoming assessment of Romania’s fiscal and economic outlook, the government announced. The meeting in Bucharest was also attended by finance minister Alexandru Nazare, deputy prime minister Tánczos Barna - who previously held […]
